How To Buy Tesla shares In South Africa

Below is How To Buy Tesla shares In South Africa

Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings, and investment tools to track your portfolio. Narrow down top brands with our comparison table.

Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card, or debit card.

Search for Tesla Finds the stock by name or ticker symbol: TSLA. Research its history to confirm it’s a solid investment against your financial goals.

Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tesla reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.

Decide on how many to buy. At the last close price of USD$599.05, weigh your budget against a diversified portfolio that can minimize risk through the market’s ups and downs. You may be able to buy a fractional share of Tesla, depending on your broker.

Check-in on your investment. Congratulations, you own a part of Tesla. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How do I buy Tesla shares?

Tesla’s shares trade on the NASDAQ exchange, under the ticker symbol TSLA. To purchase shares, you will need to do so through a broker. If you do not have a brokerage account, you will need to open one. At this time, Tesla does not have a direct stock purchase program.